Stellantis NV’s third battery manufacturing plant in North America will be built with South Korean battery partner Samsung SDI in the United States, the companies said July 24.
The exact location of the second plant under the existing StarPlus Energy joint venture wasn’t disclosed with the announcement of a signed memorandum of understanding, whose execution is subject to definitive documentation. The facility is expected to begin production in 2027 with an initial annual production capacity of 34 gigawatt hours. A dollar amount wasn’t shared.
